Buyer Beware

From: AlbertaVenture.com

February 1, 2011

Real-estate prices in some sunny American markets are at once-in-a-lifetime lows, but are they too good to be true?

by Cailynn Klingbeil

“Investing in real estate when the dollar is at par and you’re getting real estate values that are quite depressed does make a lot of sense from the outset, but you have to dig into it a little deeper to make sure that it’s right for you,” says Paul Bains, a cross-border financial planner and managing director of Pacifica Partners, a firm specializing in cross-border portfolio management.